The MapleMoney Show

Having the right insurance coverage is one of the most important aspects of financial planning, but most Canadians are underinsured. This is partly due to the fact that insurance can be complicated, so it can be difficult just knowing where to start.

This week, I invited Lorne Marr of Hub Financial onto the show, to give us a better understanding of how life insurance works, and share some of the many factors that can affect insurance rates. With over 25 years of experience in the life insurance industry, Lorne knows a thing or two about the subject.

You can find the show notes for this episode at https://maplemoney.com/117

Do you prefer to invest in companies that are socially responsible? If so, our sponsor Wealthsimple will help you build a portfolio that focuses on low carbon, clean tech, human rights, and the environment. Get started with Socially Responsible Investing by visiting https://maplemoney.com/wealthsimple

Did you receive an income tax refund this year? If so, it means that you gave the government extra money during the year, only to see them pay it back to you without interest. Surely there must be a better way.

My guest this week is a tax accountant who says he feels a moral obligation to speak out against the inherent flaws and needless complexities that define taxation in Canada. Neal Winokur is a CPA, blogger, and author of the book, The Grumpy Accountant. Neal dreams of a day when the Canadian tax system is simplified to the point where people no longer need his services. Neal explains some of the ways in which the tax system is broken, who's at fault, and shows us a few ways we can make the income tax system work to our advantage.

You can find the show notes for this episode at https://maplemoney.com/116

In less than 20 minutes and for a fraction of the price of visiting a lawyer, you can gain peace of mind knowing you've put a plan in place to protect your children, pets and loved ones in the event of an emergency. Get started for free at https://maplemoney.com/willful and use promo code MAPLEMONEY to save 15%.

Is life more expensive when you're single? To help answer this question, I invited Jackie Porter onto the show this week. Jackie is an award-winning financial planner, best-selling author, and speaker who has helped thousands of clients grow their net worth, build a fortress around their finances and keep more of their cash in their pocket!

She is also co-author of the book, Single by Choice & Chance, so she understands very well the challenges single people face when managing their money.

You can find the show notes for this episode at https://maplemoney.com/115

Our sponsor, Wealthsimple, believes that financial independence should be available to anyone. That's why they have no account minimums, meaning that you can get started investing for as little as one dollar. Don't delay any longer, invest online by visiting https://maplemoney.com/wealthsimple

Are you familiar with the concept of "making money while you sleep?" If not, chances are you'd like to be. Many would argue that there's no such thing as true, passive income, but my guest this week would beg to differ.

Rachel Richards knows a thing or two about generating passive income. She's the bestselling author of "Money Honey" and "Passive Income, Aggressive Retirement". Rachel quit her job as a financial advisor at age 27, and today lives off of $15,000 per month in passive income. This includes close to 40 rental properties.

According to Rachel, just about anyone can build a passive income stream, and she's here to show us how to get started.

You can find the show notes for this episode at https://maplemoney.com/114

Did you know? You can now transfer money overseas with TransferWise directly from your EQ Bank Savings Plus account. Not only will you benefit from earning 1.70% interest on your savings, but you'll pay far less for international money transfers. While other banks have a habit of sneaking in markups and extra charges, that's not something you'll have to worry about with EQ Bank. Visit https://maplemoney.com/eqbank to start saving money today.

Are you feeling stuck in a rut when it comes to your career or your finances? It happens to a lot of us. The good news is that you have options, you can regain traction, begin moving forward, and build a life you love.

My guest this week knows all about feeling stuck. Grant Sabatier is the founder of Millennial Money and author of the Financial Freedom Book. This is Grant's second appearance here on the show, and he's come prepared, with ways to help you get unstuck with your money and your career.

You can find the show notes for this episode at https://maplemoney.com/113

Our sponsor, Wealthsimple, believes that financial independence should be available to anyone. That's why they have no account minimums, meaning that you can get started investing for as little as one dollar. Don't delay any longer, invest online by visiting https://maplemoney.com/wealthsimple

How did you handle money in your college years? The label, starving student, has become cliche, but it's a title that many of us know all too well. No matter what stage of life you're in, if you're struggling to manage your spending, my guest this week has some timely advice.

Zina Kumok is a freelance writer specializing in personal finance. She's also a money coach who helps people pay off debt, build budgets and spend mindfully. In this week's episode Zina and I talk about the money lessons she learned during college, and how she made the switch from carefree spender to balanced saver.

You can find the show notes for this episode at https://maplemoney.com/112

This week's episode was brought to you by EQ Bank. Did you know? You can now transfer money overseas with TransferWise directly from your EQ Bank Savings Plus account. Not only will you benefit from earning 2.00% interest on your savings, but you'll pay far less for international money transfers. While other banks have a habit of sneaking in markups and extra charges, that's not something you'll have to worry about with EQ Bank. To start saving money today, visit https://maplemoney.com/eqbank

I talk a lot about ETF investing here at MapleMoney, but did you know that there's more than one way to invest in an ETF?

Kornel Szrejber is the host of the Build Wealth Canada Show, and has been featured for paying off his mortgage in only 6 years while still in his 20s, and becoming one of Canada's youngest retirees at the age of 32. He joins us this week to explain the three types of ETF investing, and how to know which one is right for you.

You can find the show notes for this episode at https://maplemoney.com/111

Our sponsor, Wealthsimple, believes that financial independence should be available to anyone. That's why they have no account minimums, meaning that you can get started investing for as little as one dollar. Don't delay any longer, invest online by visiting https://maplemoney.com/wealthsimple

Did you know that if your neighbour wins the lottery, the chances of you going bankrupt increases by 2.4% for every $1000 they win? It's an interesting statistic, and one that I get into with this week's guest here on the MapleMoney Show.

Kelley Keehn is a financial educator, and author of several books, including her most recent book, Talk Money To Me. Kelly and I sat down to discuss the very real struggle of keeping up with the Joneses, and why it's so tempting to want the things our friends and neighbours have.

You can find the show notes for this episode at https://maplemoney.com/110

Our sponsor, EQ Bank, has partnered with TransferWise, to give Canadians a better way to send money overseas. The result is fully transparent and remarkably quick international money transfers that are up to 8X cheaper for EQ Bank customers. To find out more, visit https://maplemoney.com/eqbank

This week on The MapleMoney Show, the kids are taking over. Not quite, but they are the focus of this week's episode.

Anisa Kurji is the host of Kids Money and More, a finance podcast with a twist, because the target audience is young kids. In today's episode, she explains how she got the idea for the podcast, and she shares some tips to help parents teach their kids about life and money at any age.

You can find the show notes for this episode at https://maplemoney.com/109

Do you prefer to invest in companies that are socially responsible? If so, our sponsor Wealthsimple will help you build a portfolio that focuses on low carbon, cleantech, human rights, and the environment. To get started with Socially Responsible Investing, head over to https://maplemoney.com/wealthsimple

If you've ever considered starting a side hustle as a way to make some extra money, you're not alone. Thousands of people in Canada are finding ways to increase their income outside of their regular job.

My guest this week is Jeff Proctor. He's a co-founder at DollarSprout.com, a website dedicated to helping readers reach their maximum earning potential. DollarSprout covers side hustles, entrepreneurship, freelancing, and many money-making topics.

You can find the show notes for this episode at https://maplemoney.com/108

This week's episode was brought to you by EQ Bank. Did you know? You can now transfer money overseas with TransferWise directly from your EQ Bank Savings Plus account. Not only will you benefit from earning 2.00% interest on your savings, but you'll pay far less for international money transfers. While other banks have a habit of sneaking in markups and extra charges, that's not something you'll have to worry about with EQ Bank. To start saving money today, visit https://maplemoney.com/eqbank